Covering topics such as the behavior of exchange rates, the choice of exchange-rate regime, current-account adjustment in classical and Keynesian models, the effects of capital mobility, international debt and international policy coordination, this book underscores the importance of these subjects and identifies lessons for policymakers. Editor(s): Kenen, Peter B. Num Pages: 568 pages, 62 line drawings 38 tables. BIC Classification: KCBM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 152 x 39. Weight in Grams: 914. . 1995. hardcover. . . . .

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Bibliographic Details

Title: Understanding Interdependence: The Macroeconomics of the Open Economy
Publisher: Princeton University Press
Publication Date: 1995
Language: English
ISBN 10: 0691034087
ISBN 13: 9780691034089
Binding: Hardcover
Condition: New

About this title

Synopsis

Drawing together new papers by some of today's leading figures in international economics and finance, Understanding Interdependence surveys the current state of knowledge on the international monetary system and, by implication, defines the research horizon for the future. Covering topics including the behavior of exchange rates, the choice of exchange-rate regime, current-account adjustment in classical and Keynesian models, the extent and effects of capital mobility, international debt, the stabilization and reform of the formerly planned economies, European monetary union, and international policy coordination, the book underscores the importance of these subjects and identifies lessons for policymakers.

The contributors to the volume are Michael Bruno, Ralph C. Bryant, Richard N. Cooper, Michael P. Dooley, Barry Eichengreen, Stanley Fischer, Charles A. E. Goodhart, Peter Hooper, Peter B. Kenen, Paul R. Krugman, Henri Lorie, Jaime Marquez, Ronald I. McKinnon, Michael Mussa, Maurice Obstfeld, John Odling-Smee, Assaf Razin, Dani Rodrik, Mark P. Taylor, and John Williamson.

About the Author

Peter B. Kenen is Walker Professor of Economics and International Finance, and Director of the International Finance Section, Department of Economics, Princeton University.

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